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FORECLOSURE ANSWERED

By
Real Estate Agent with Coldwell Banker Schraut and Associates

According to recent industry studies, more than half of homeowners facing foreclosure do not call for help when they begin to fall behind on their payments. The early stages of delinquency are the most crucial - studies show that homeowners who are one or two payments behind are more likely to keep their homes than those who have fallen further behind on their payment schedule.

Homeowners having trouble paying their mortgage are encouraged to call 1-888-995-HOPE to receive foreclosure prevention counseling from U.S. Dept. of Housing and Urban Development (HUD)-certified counseling agencies, which include members of the national NeighborWorks network.

THANKS TO DAWN MELANCON OF COLDWELL BANKER SCHRAUT WHO ANSWERED MY QUESTION REGARDING PEOPLE GOING TO GO INTO FORECLOSURE....I POSTED HER RESPONSE WITH THE PHONE NUMBER SHE PROVIDED SO THAT IT MIGHT HELP OTHERS.....

Teri C. Ronk
Coldwell Banker Schraut and Associates - Land O Lakes, FL
PA
THANK YOU DAWN.....
Jun 12, 2007 04:51 AM